If a target company brought to the table $100mm in "useable" tax loss carryyforwards, and they offered themselves to us for $40mm, I would probably understand how they accrued $100mm in tax losses in the first place ------------- lol.

As to "what the headline will read in the/my anticipated PR with the 10Q is "PTSC Reports Record Revenues of $XXX Million for its Third Quarter", you would need to replace the word "Revenues" with the word "Profits" becasue we do not report our PDS allocation as 'revenues', we report them as equity earnings. That has been somewhat of a misnomer to many readers of the statements I would guess, but that is the way it is, and all that should matter is the bottom line anyway.

Best